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, of course, is so sensitive to what goes on in the environment. as soon as i read this, and i saw that it trechs from santa barbara to san fransisco, i thought, well, there you go. these are two of the most environmentally sensitive places on the planet. i just don't see how the signs of the economic benefit are worth what would be dangerous to the environment. >> well, let me say a couple things to that, melissa. first, we agree absolutely the environment has to be protected. that's issue number one. any energy source that does grave damage to the environment should not be pursued, and so there needs to be objective analysis of the implications, but there needs to be objective analysis of the economic implications. you can't balance cost and benefits unless you know -- melissa: you look at things like the xl pipelines, there's no objective analysis satisfying unless it's destroying the environment. they are an enemy of shale, fracking, enemy of oil of the there's no report -- if the report came out and said that it wouldn't cause damage, environmentalists wouldn't accept that. ho
. >> hank, you own bank stocks. are you not worried about this? >> no. in fact, in a rising rate environment, as long as rates don't spike up dramatically overnight, in a rising rate environment, banks are going to make more money. >> no, they're not. >> and become even stronger and healthier. and we own two of the highest quality banks in the world, jpmorgan and wells fargo. >> their customers can't -- the borrowers can't afford to pay the higher rates. what's going to happen to the value of the existing collateral when interest rates spike? eventually they're going to spike. the fed has waited far too long to raise them. when they rise they'll rise faster and higher than anyone believes. >> bob pisani, we're not really seeing the impact -- go ahead, jason. >> sure. injury. i'll add in here. i don't fully agree with what your guest is saying here as far as immediately rising rates and banks falling apart. having said that, i think the world has changed and we have to recognize the big picture here. number one, bank business models are not the same they used to be. they're not the great inve
. capitalism is predicated on unlimited growth, but we live in a finite environment and we seem to have a dysfunctional democracy unable to resolve that contradiction. how do you see climate change and our diminishing natural resources such as fossil fuels and water impacting this crisis in capitalism? >> capitalism is a system geared up to doing three things on the part of business: get more profits, grow your company and get a larger market share. those are the driving bottom line issues. corporations are successful or not if they succeed in getting these objectives met. that's what their boards of directors are chosen to do, that's what their shareholders expect. that's the way the system works. if along the way they have to sacrifice either the well-being of their workers or the well-being of the planet or the environmental conditions, they may feel very bad about it, and i know plenty of them who do. but they have no choice. and they will explain if they're honest that that's the way this system works. so we have despoiled our environment in a classic way. that's why we have huge c
's a real big play. i'd love to know how citi holdings is doing in this rising environment. >> there's a lot to like. i like citi here and there you have the opening bell here. visa celebrating five years of trading on the nyse and at the nasdaq, the academy of nutrition and dietetics celebrating national nutrition month. >> by the way, speaking of banks and refinancing, the american consumer continues to refinance their household debt either through a refi of their actual home or taking out another credit card with a zero balance or low-balance offer and transferring the balance. visa was a $69 stock two years ago and it's opening today at about $159, right? >> look at that gain. in a market where people are still weak and we still have a tough consumer. >> remember, big international play. >> yes. much more so than ma. >> and it's just a very well-run company. >> a lot of american guys who have been good and have also been run by a foreign individual, and i don't mean to be phonetic, but this is a big worldwide company. >> i changed banks recently because my bank ceased banking so i got a
environment. of course he's got a good record on inflation. he got lucky as it per takes to inflation because we had deleveraging. >> andy bush, the best part of jim is he's going to give you all these reasons, what does he call them, doppelganger reasons. when you have lecamp on the show it's not what he says it's what he's doing. he's like a federal government official. not watch what he says but what he's doing. that's why i love the guy. look at him he can't stop smiling. neither can you. you're both great. thank you so much. now folks, a busy day and night on capitol hill. the senate is busy voting on amendment after amendment in their budget bill. we got two distinguished senators about to join us give us their take and later on the show why can't police departments get any ammunition while the department of homeland security has bought up 1.6 billion rounds in the past year. there's no ammo for handdowns, shot guns, rifles, for training. what's up with this or is the dhs in a form of gun control that the congress can't legislate? folks don't forget free market capitalism is the best pa
flying about 70 satellites. so we're pretty familiar with the space environment and the risks it entails. as a global fleet operator serving both commercial and government customers, reliability and continuity of service are our highest priorities. whether it's uav operations over afghanistan or the final game of the ncaa tournament or financial statements that have to be transferred securely around the world, um, we know that our customers expect flawless performance. to deliver this level of performance, we have to daily deal with a range of threats. probably a highest priority for us today is radio frequency interference. many times it's accidental, sometimes intentional. space debris and other challenges of space flight, cyber attacks, solar weather, space systems reliability, the fact that we today don't have an affordable technical solution for refueling and repairing satellites on orbit and last but not least, an international launch industry that's far from robust. now, our economy depends on the ability to create and instantly distribute vast amounts of data around the planet. s
: the security environment surrounding this country is different than four years ago when you entered this academy. it has become increasingly severe with japan's air, sea, and land facing provocation. >> abe told graduates that during an emergency they're entrusted with the responsibility to protect the lives and property of the japanese people. he urged them not to hesitate and to take on all tasks no matter how harsh they may be. he says japan will increase expenditures for the first time in 11 years. he'll improve capabilities of the south defense forces. >>> norea has been threatening to launch a nuclear attack on the u.s. and now the country has washed that japan is also a target. the north has been criticizing japan for reenforcing the sanctions it's imposed against the country. the ruling korean workers newspaper issued a story. the security council resolution imposed additional sanctions on north korea for conducting its third nuclear test. the commentary warns that if the u.s. lights the fuse of a nuclear war japan will not be spared. north korea says it used a smaller, ligh
specific stance, it's a wealth effect-type stance, it's a very low- interest-rate environment, and i think that investors feel that the only real value right now, the only real place to put their money, is stocks; and clearly the perception of value is to the upside, otherwise we wouldn't have closed on highs on friday. > ben, have a great trading day. thank you. > > my pleasure. thank you. carnival cruise lines faces at least four lawsuits, inlcuding a class-action suit, after thousands of passengers were adrift for five days aboard a disabled carnival cruise ship last month. since then, three more carnival cruise ships have reported operational problems to either online systems or their backups, all of which coincides with carnival scaling back projected earnings. four incidents aboard carnival cruise ships in little more than a month led sandra thompson to cross carnival off her list for her next trip. "originally, i considered carnival because it was the least expensive; but after all this, i decided it's worth the extra money, and so royal carribbean is what i'm looking at now." carni
exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call 1-800-414-5999 or visit trylyric.com for a risk-free 30 day trial offer and free dvd and brochure. get the hearing aid that can. lyric from phonak. lyric can. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> welcome back everyone. here are the stories making news around the world right now. >> in guantanamo bay, cuba, more prisoners have joined a hunger strike at the u.s. detention facility there. a pentagon spokesperson says 24 suspects terrorists are now involved. and eight of them require feeding tubes. >> an attorney for some of the detainees says he was alarmed to see several had lost more than 20 or 30 pounds. he says they're protesting searches of their personal items, letters, photographs, that sort of thing, and also he says the rough handling of qurans during searches. an
, whatever that kind of environment, -- whatever the kind of environment exists in government a lot of wasteful spending and ine fresh sei. there was. the department made clear who was in charge of what. the new or disciplined environment will better enable the -- ensure that all of the operate more cohe'sive and effective agency. they used to have a dismal record when it came to contracts without competition. the departmental leadership has been aggressive in turning the record around. last month a report showed a spending on noncompetitive contract of fiscal year 2012 fell by 90% from 2008. that leaves about $3 billion in contract dollars, that previously spent without competition, now being spend in a manner that gets better value for taxpayers' dollar. competing contracts now that most other agencies. the department is also revamped the process for identifying technological solution at border. they moved away from the model which was contract to a single company to build a virtual fence across the southern border. an effort that went forward without identifying what the border p
will be a long-term problem. ashley: as long as this goes on, doug, we talk about the goldilocks environment but it is exactly what it is. it is not too hot to prompt the fed to pull back on its qe. but it is not too cold to push the economy into a recession. so kind of of in this same environment. how long do you think this could last? >> i don't buy the goldilocks analogy because we are in a low to zero growth. fourth quarter gdp in the u.s. is still zero. corporate profits in the third quarter were negative. we're slightly positive now. but first quarter consensus is negative again. where is goldilocks? only the fed stimulus, the fed is protecting a really tight monetary stance by u.s. congress, raising taxes, and, no, i don't see goldilocks at all. tracy: goldilocks is arguably uncle ben, right? he is not going anywhere anytime soon, right? i could make a argument, sell in may, do away thing doesn't count this year. >> i agree with that one, uncle ben. i hadn't heard that before. ultimately it i is pushing on a string. you need to have private economy, you need u.s. corporations, you nee
, job growth will continue to be over 2,000. and i think in that kind of environment, the fed will start to taper the pace of qe. sometimes in q3 and, yes, by the end of this year, i expect the qe to stop. but rates will be very low and the fed's balance sheet will be bloated for quite a long time. >> given the issues in europe, why take the risk? why even hint to markets that they may be exiting? or paps why not leave the accommodative can policies in place to help support the global economy? >> as we move into the summer, i think at that point the cost of this continued open ended deposit continues. i think they've come to the conclusion they don't need it as much. i think at that point, europe will probably be a little more stable. >> joe, in a word, jobless claims today, then, critically important. >> very important. i think they'll stay well below 350. >> it's an important level to watch. appreciate your time. from thank you, kelly. >> thank you for joining us on the show today. i'm kelly evans. this has been "worldwide exchange." time now for "squawk box" in the u.s. remember, peop
will be multiple expansion. we're selling 13 and a half, 14 times 2013 earnings. in a low interest-rate environment that is very cheap. we can easily get up to 15, 16, even 17 and not be out of line with historical experience. i think it is multiple expansion that is going to be the key because, again, we know there are $10 trillion in money funds or in bank accounts earning nothing. people are eventually going to say, hey, i am going to go get some of that dividend income. i am going to move back. it has only been done little but so far. we could see a much bigger movement and one that i think is fully justified by the fundamentals behind the market. david: are you surprised more money has not come out of the bond fund? there has been a lot of money going into stock fund, but there has not been a big drop-off, frankly not at all, of money in bond funds. why not? >> i think, again, a lot of people cling to the bond funds because if their is a crisis, like we saw in greece, the treasury market possible little bit. if you hold treasury's you can look at those and say, that cushioned the decline in th
given the environment we're in now. >> well, first, the most important thing to know, erin, is that the vice president has no control over these costs. the secret service tells him where to travel. the military decides how many of their people travel with him. secret service decides how many of their people will travel with him. and on this particular trip, he was a couple of days in munich at a security conference. he was met with chancellor merkel then went to london. the state department decides the size of the diplomatic corps that travels with him. he absolutely has no control over that. and that in and of itself says that, you know, even people sort of talking about this in this way becomes too political because this isn't something that he can control. >> all right. i hear your point. it would seem to me that an administration that was yelling to the world, all right, that these four spending cuts are a problem that we're dealing with now. would it the least say, we want to show some restraint. we want -- when we're on the -- guys, look at the travel budget. don't ta
again. >> she walked quite a distance in a very, very threatening environment. it's very black out here, very dark. it's very steep. it is brushy. there is also coyotes in the background. >> amazing. the girl had to climb 200 feet embankments before finding help at a rail station. sadly, paramedics found her father dead when they arrived at the accident scene. >> what a story. >>> listen to this one. a bizarre freak accident stunned a quiet neighborhood near los angeles. a glendale couple lost control of their car ended up on the roof of a neighbor's house. the driver and his wife say they drove down a hill. they couldn't stop the car. it turned the corner. when the car went airborne and landed on the roof amazingly no one was hurt. emergency crews needed a crane to remove the car. oops. >> amazing. >>> a wild finish to a nascar race in california driver denny hamlin in the number 11 car and number 22, joey logano were battling for the lead in the last lap. logano hit the wall. hamlin ended up slamming into an infield wall. he was stretched off and flown to a hospital. his team says he
on the importance of protecting the environment and also talking about how we all need to treat each other with love and kindness, tenderness, and not let omens of destruction, hatred and the zero private the file our lives. >> people clapped and interrupted throughout his speech. he is getting a lot of support on his first day as pope. >> he is conservative on lot of the church doctrine. he did criticize priest who in the past refused to baptize babies born to single mothers. >> that gives you a sense of what we are talking about about his compassion for those less fortunate and that is something obviously people expect out of the position of both. he will be looking to lead the catholic church to the new century. a lot people are hoping he will bring change. in fact, we were talking about the poll numbers for catholics in america for a lot of them are liberal leaning when it comes to social issues. we will see if pope francis will bring change to the church. >> closer to home we are talking about a change in the weather. we're talking about rain years erica with our forecast. good morning. >> and
what this creates is an environment where, well, we don't know. we don't know. it could be another fake one. another duke lacrosse situation and damn her for doing what she did. she should be taken into custody. >> megyn: she stole his life, david. she stole it. five years, plus he had this promising football future. and i mean, if you heard him in the interview he seemed like an earnest young man and wants to move on with his life, but this problem is bigger than just brian banks now. and the system has a problem and there is a real question about whether the system needs to ask this young woman for some justice. >> well, you know, there's no question about it, megyn. and props to my law school whose assisted in his exoneration. and the prosecution would be giving false information which is a misdemeanor in california, now, the victim himself, now the victim in this case, mr. banks, does not want to go forward with the prosecution. he doesn't want to cooperate ap also, megyn, you have the third prong of this problem, even though the dna, the defense attorney got dna test and said it wa
sounin quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (ttimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit tryric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. ♪ stuart: you want to make your company more visible on the internet, you may hire our next guest. joining us now from the new york stock exchange, the ceo of the advertising technology company marron sootware which had its ipo today and went straight up. congratulations. i am sure you have done very well. >> thank you very much. appreciate. stuart: i have to make sure i know exactly what you do. here is how it was explained to me. i come to you, paid a certain amount of money a
, not really. if i got compliance. >> can you at least tell us in this environment, the fed looks like the one thing we've learn side more cover for the fed. i don't know how bad it gets in cypress or whether there is contagion, but the fed will go. >> i think from the u.s. economic perspective, in the last few years of summer slowdowns, it doesn't look like that will happen and we're waiting for pullbacks and maybe we're waiting for an opportunity, but it will be time to wait for equities if you get that. >> i think cramer's here and jim, remember early on we were talking about whether the market knows things and it's like we were looking at that big job's number and we didn't talk about it after it happened and we got six or seven straight new highs and a fiscal cliff. is this what we're seeing today, enough to put anything on hold in your view or do things still look pretty good for our markets here. we did have a series and when you look at the charts this weekend, i cannot believe how many straight ups and take a boeing and it is bad news that indonesia did not go with boeing and that sto
's really challenging environment right now. what we're seeing is the retail economy is not doing that well. so fedex is having a tough go in the near term. it sounds like we'll get more aircraft retardants out of the fleet. that will be good for the cost structure. traffic up 20% this quarter. the ground business was up 10%. so doing very well if we can shrink the air fleet it becomes a much better story. >> you can shrink the air fleet, brandon, but it will have to contend with the fact that consumers, and fedex and ups talked about this in january. consumers are choosing cheaper ways to ship. they're willing to let things ship over a longer period of time. maybe longer in terms of the type of air they choose. and so i'm wondering if they're doing enough to combat the secular change in the business. >> well, that's a real criticism levied against the company. they have a really big ground work. and i think investors have excited about that. but we need a lot of aircraft for overnight dplifrry. be it domestically or from china. so i think investors are looking for them to get aggressive on
rate environment. >>> u.s. equities had been a little bit waerbg. they have been preparing their losses through the morning. dow futures only 11.5 points below fair value. we've been watching what happened overseas in asia. the nikkei was up 1 1/3. in europe, red arrows because of economic numbers. also concerns continuing about cyprus. the cac is done 1.1%. we have positive comments made by fed chairman ben bernanke. >> we'll use models and other indicators and the state of the labor market to try to make a good estimate how much we need to change the rate of flow. but, again, the point is to let the markets see our behavior, to let them see how we respond to changes in the market. and higher levels of purchases or the ultimate facing out of the program. >> in other words, it's not going to be spigot on, spigot off. rick is the head of strategy at wells fargo securities. rick, thank you for joining us this morning. >> thanks for having me. >> you have been right on some big calls in the past. you called it right almost to the day back in march of 2009. >> yeah. >> for the bottom. >> yo
in an environment that can be only described as alice in wonder land, how does the fed managing interest rates play into the interpretation of your survey. or does it at all in your opinion? >> well, i'm not sure if they do look at our survey or not. the reading i would take away is more and more are of the view they may start tweaking with the bond buying program. >> now from my perspective. let me make an assumption. let me say in my opinion i don't think they're going to pull back in a big way any time soon from some of these programs. so i guess the question i'm going to ask you this, is the bearish news showing up in con treat terms, not just opinion in your survey, should the interest rates remain tame and they actually have been dropping, what you are saying is that this could be a contrary indicator that's big out there. it can create a spiral where they need to run in and buy futures if rates start to drop. could that not be true as well? >> well, rick, i think you're right in thinking that is a possibility. we don't know for issue if this is a contrary reader or not. if you have reasons t
. the outcome of these particular systems are uknown for the environment. it would be beneficial to the assistance to knock down long- range missiles. host: are you familiar with this? guest: you probably want a meteorologist to talk about these questions. one comment i would make is that weather systems are so enormously powerful compared to even nuclear-weapons in terms of the amount of energy that the idea of modifying them is a daunting proposition. even if we are thinking in non- military terms about hurricanes, my understanding of the problem is that we are quite a ways away from being able to do that. one thing we do not understand is the implications of any intervention leawood try to carry out. these weather systems are intervention we would try to carry up. these budde systems are enormous. not since the debate is not important for the issue is irrelevant. i think we are a ways away from being able to do things with the weather. host: this point on our twitter host: let us go to ramie from baltimore, maryland. caller: a couple of quick points. i think we are talking abo
it into this social environment where you're users are engaging with the content. >> and then there's bill simmons, one of the star pundits of espn, doing live webcasts on youtube with friends. you get to hear his thoughts on the game in realtime. espn didn't sell ads, admitting this is a test run. they've committed zero dollars to ncaa rights and it's a low cost production. easy money. >> that is a business model right there. >>> a lot more still to come. tweet time. could texas be getting ready to hoard some gold? lawmaker wanting them to allow the state and texans to store gold at its own facility with protection of the state. if passed, texas would be the first state to have its own ft. knox, essentially, allow ting it to be protected by the tenth andment. if your home state could make its own protected depository for anything, what would it be and why? tweet us at squawk street and we'll get you responses in the next hour. >> in the meantime, interrupt. i believe we know why the markets have turned south. the head of the eurozone group, what we've seen in cyprus is now a template for future b
. >> and to your point, joe, i think what's happening is a spotlight is being shown on the school environment. and the reason is, kids are in the school building 180 days a year. it is where they consume 50% of their calories per day. so you have a captive audience in the school building. but what we have to do is we have to direct more resources into the school building. the first thing that's getting cut is access to healthy nutrition. the first thing that's getting cut is access to physical activity. which is why we made an announcement with the first lady just a couple weeks ago, let's move active schools to get more kids out there and moving. it's critical, though, i come from the business world. and the first thing when i stepped into this epidemic that i said to dr. satcher and to some of our partners is, no one of us can do this alone. there's no one size fits all strategy. we have to do this in a collaborative effort together. so we focus largely on bringing the private sector into the conversation. how do we form a public/private partnership where corporate america is brought into t
about money or the environment. >> i think life's about experiences and about connection and about relationships. and so i think you want to sort of maximize your time focused on that and minimize your time focused on acquiring more stuff and dealing with it. >> now, graham hill does acknowledge that if you're married or you have children, the minimalist lifestyle is a lot tougher, matt lauer. >> i'll say, the older you get, the more you like that no-clutter feel. thank you very much. i would like to try it, craig, thank you. >> thank you. >> when we come back, martha stewart's here to make us all feel inadequate about decorating our easter eggs. but first, this is "today" on nbc. for your first day? yeah. ♪ dad: you'll be fine, ok? girl: ok. dad: you look so pretty. ♪ i'm overprotective. that's why i got a subaru. love. it's what makes a subaru, a subaru. >>> martha on "today" is brought to you by macy's. >> and we're back at 8:51 with martha. fun and festive ways to decorate your easter eggs. martha stewart is here with a few of her ideas straight from the pages of "martha st
Search Results 0 to 30 of about 31 (some duplicates have been removed)

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